A new paradigmBuilding sustainability into a leading pressure pumping business

Several drivers pulled off Highway 2920 to watch CEO Warren Zemlak and a gathering of employeesraise the new BJ Services flag for the first time in March of 2017. Other longtime residents of Tomball,Texas, stopped by the BJ campus later to share their memories of a company that, a decade before,had been one of the city’s largest employers. Suddenly, there was a lot of hometown pride in the cityonce known as “Oil Town USA.”In 2016, Baker Hughes began negotiating withinvestors, CSL Capital Management and WestStreet Energy Partners, a fund managed by theMerchant Banking Division of Goldman Sachs, tocontribute the land-based portion of its NorthAmerican pressure pumping business. CSL alsocontributed its fracturing and cementing servicesbusinesses to the new company. The deal tookeffect on December 30, 2016, and BJ Services wasreborn as North America’s largest independentpressure pumping company.

North American intensity

“We are a service company focused purely on pressure pumping.” says Caleb Barclay, Chief Operating
Officer. “We are striving to become a leader in the
delivery of hydraulic fracturing and cementing solutions across all major basins in North America.”